Yet, the exchange also moved formally to stem the reaction to the news.
However, Lee stressed that the on-site visitations are "very common" for businesses in China and continued to express an opti... Read More
Overall, the public statements aimed to serve as a reminder to citizens who may be considering the digital currency as an investment, and both quoted a government circular released in 2013 saying that... Read More
Lee told CoinDesk:
Still, local traders indicated that they were not surprised by the news that some margin trading services had been updated, given the longstanding lack of legal clarity under whi... Read More
"The good side of margin trading is it provided additional liquidity to the market, the bad side is it is easy for investors to lose money," he said.
Nonetheless, news spread quickly about the chan... Read More
He doesn’t think the recent adjustments to foreign currency controls will affect Bitcoin price or trading. “Capital controls have been in place in China for a long time, and they have already been... Read More
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